US inflation approaching 3%, economy slowing to 1.4% quarterly from 4.4% previously, discouraging Fed from lowering rates
Bankinter | The first reading of Q4 2025 GDP in the US shows growth moderating more than expected to 1.4% annualised quarterly against 2.8% expected and 4.4% previously. However, in year-on-year terms, the decline is milder: 2.2% against 2.3% previously, with consumption at 2.2% against 2.6% previously. The negative aspect comes from the GDP price deflator, which rose to 3.3% year-on-year against 3.0% previously. The December Private Consumption Deflator rose…
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